Zhejiang Xianju PharmaceuticalLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Xianju PharmaceuticalLtd has a total shareholder equity of CN¥6.0B and total debt of CN¥197.4M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are CN¥7.2B and CN¥1.2B respectively. Zhejiang Xianju PharmaceuticalLtd's EBIT is CN¥660.0M making its interest coverage ratio -35.3. It has cash and short-term investments of CN¥1.7B.
Key information
3.3%
Debt to equity ratio
CN¥197.42m
Debt
| Interest coverage ratio | -35.3x |
| Cash | CN¥1.67b |
| Equity | CN¥5.96b |
| Total liabilities | CN¥1.23b |
| Total assets | CN¥7.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002332's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002332's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥110.0M).
Debt to Equity History and Analysis
Debt Level: 002332 has more cash than its total debt.
Reducing Debt: 002332's debt to equity ratio has reduced from 63.4% to 3.3% over the past 5 years.
Debt Coverage: 002332's debt is well covered by operating cash flow (321.8%).
Interest Coverage: 002332 earns more interest than it pays, so coverage of interest payments is not a concern.